COPPER time to buy? Bull-Steam Ahead!

Lång

CFDs på koppar (US$ / lb) (OANDA:XCUUSD)

Uppdaterad

OANDA:XCUUSD CFDs på koppar (US$ / lb)

trendanalysis chartpattern waveanalysis bullishengulfing liquiditypool discount longsetup

COPPER: After major lows were taken out finding liquidity, it opened up the gates for the bulls to charge ahead. Major bullish engulfing on the daily showcases the immense amount of bullish strength currently for Copper. Expecting Copper to at least re-test the top of the range and even break higher. At these prices Copper seems to be at quite the discount. Definitely not a time to be selling. Look for corrections on smaller time frames to go long.

Hope that helps :)

Trade with care folks!

~Price Action Nation

Kommentera:

Price Action Still showing signs of nice bump up. This is how I'm seeing things develop.

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